[November 19, 2009] A Cellphone Comeback in China Tweet BEIJING, Nov 19, 2009 (SinoCast Daily Business Beat via COMTEX) -- China reached a cellphone sales volume of 39.073 million in the July-September quarter in total, with an 18.2% rise quarter on quarter, Analysys International, a leading advisor about the technology, media, and telecommunications (TMT) industries in China, announced in its newest data report. The nation had a 3G cellphone sales volume of 983,000, excluding gray-market cellphones, in the quarter, close to a milestone level of 1 million, according to the report. The comeback in cellphone sales was mainly driven by an economic turnaround, school buying, and attitude changes from wait-and-see 3G consumers. In detail, China Telecom Corporation Ltd. (NYSE: CHA, SEHK: 0728) had a 3G cellphone sales volume of 367,000; China Mobile Ltd. (SEHK: 0941, NYSE: CHL) 324,000; and China Unicom (Hong Kong) Ltd. (NYSE: CHU, SEHK: 0762, SHSE: 600050) 292,000, without marketing subsidies. The three companies are the dominant players in the Chinese telecommunications industry. Source: www.hexun.com (November 19, 2009) [ Back To TMCnet.com's Homepage ]